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Re: cowtown jay post# 345938

Saturday, 03/12/2016 4:09:29 PM

Saturday, March 12, 2016 4:09:29 PM

Post# of 346918
Asking to be able to dump knowingly worthless shares in a defunct corporation that has been LIQUIDATED under Chapter 7 and, as corporate bankruptcy law requires, the existing debts, claims, and liabilities of a LIQUIDATED corporation are never discharged - they continue against the empty corporate corpse which is not current in corporate filings and is defunct - is asking to be allowed to COMMIT FRAUD.

A stated desire for SEC/FINRA/DTCC to allow one to SELL shares in a corporation that is valueless and is defunct. THAT WOULD CONSTITUTE FRAUD. It is asking to be able to defraud someone (the party that would buy the worthless shares) by taking money from them in exchange for something that is known to be entirely worthless - shares in a defunct corporation. That would be a CRIMINAL ACT and in my opinion, such a stated desire to commit fraud is despicable in itself.

The post really helps to clarify why the Federal government is so entirely inept and useless, from hiring people who, despite being given over a BILLION Dollars cannot create a simple website and gett it to work properly, like the Obamacare Federal-produced exchange website, to the inability of the DoD, DoState, and USAID to account for over $37 BILLION Dollars in Afghanistan alone.

Clearly, the Federal government is filled with incompetent employees and CONtractors. Your post clearly proves that FACT beyond any shadow of a doubt.

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